Kvaerner delivered strong results for the second quarter of 2017. The numbers reflect both solid performance in all on-going projects and achieved incentives related to some projects in a completion phase.

Kvaerner maintained steady performance and delivered a solid order intake in the first quarter of 2017. The company delivered an adjusted EBITDA of NOK 105 million, versus NOK 106 million in the same quarter last year.

Kværner ASA will publish its 1st quarter results 2017 at the Oslo Stock Exchange on Monday 8 May 2017 at 07:00 CET. A presentation will be held at Kvaerner's offices at Fornebuporten, Oksenøyveien 10 at 09:00 CET the same morning.

Kvaerner is one of several contractors selected by Aker BP for long term framework agreements. The agreement covers construction and hook-up of fixed offshore platforms, including topsides and steel jacket substructures.

Kvaerner has signed a contract with Statoil for delivery of a FEED study on Johan Sverdrup Phase 2 for P2 Jacket. The work will be performed by Kvaerner's specialised design engineering group for steel substructures.

Kværner ASA will publish its 3rd quarter results 2016 at the Oslo Stock Exchange on 19 October 2016 at 07:00 CET. The results presentation will be held at Engineerium, Fornebu at 09:00 CET the same morning.

The first of two shipments of pile clusters and flotation tanks arrived at Kvaerner’s yard at Verdal 4 October. The structures will be installed on the first and largest steel jacket for the Johan Sverdrup projects, currently under construction at Verdal.

Statoil has made a call-off from the framework agreement for upgrading of the Njord A semi-submersible platform, which includes preparations and docking of the platform. The call-off has an estimated value of NOK 350 million.

Kværner ASA will publish its 2ndquarter and half year results 2016 at the Oslo Stock Exchange on Thursday 14 July 2016 at 07:00 CET. The results presentation will be held at Kvaerner's offices at Fornebuporten, Oksenøyveien 10 at 09:00 CET the same morning.

13 April 2016 - Kværner ASA will publish its 1st quarter results 2016 at the Oslo Stock Exchange on Tuesday 3 May 2016 at 07:00 CET. The results presentation will be held at Kvaerner's offices at Fornebuporten, Oksenøyveien 10 at 09:00 CET the same morning.

4 April 2016 - Kvaerner has signed a framework agreement with Statoil, on behalf of Partners, for upgrading of the Njord A semi-submersible platform. At the same time, Statoil has made the first call-off from the framework agreement with an estimated value of NOK 120 million.

16 February 2016 - Steadily strengthening solidity. Kvaerner continued to strengthen its financial solidity in the fourth quarter in spite of the demanding market. The results reinforce the already strong financial position with no net debt.

22 January 2016 - On 14 January the first RP jacket leg lift was performed at Kvaerner’s yard in Verdal. This was four days ahead of schedule, and a milestone marking the start-up at the outdoor assembly area.

6 November 2015 - Kvaerner's financial result (adjusted EBITDA) for the third quarter grew to NOK 148 million. This is an increase of 36 percent from the previous quarter when the result was NOK 109 million.

Kværner ASA will publish its 3rd quarter results 2015 at the Oslo Stock Exchange on Friday 6 November 2015 at 07:00 CET. The results presentation will be held at Kvaerner's offices at Fornebuporten, Oksenøyveien 10 at 09:00 CET the same morning.

8 October 2015 - Today Kvaerner signs the contract for delivery of the process platform jacket to the Johan Sverdrup field. With this award, Kvaerner will be delivering the three largest of the four steel substructures for Johan Sverdrup, in addition to one of the platform topsides.

16 July 2015 - Growing order intake and activity level in a challenging market. Kvaerner's order intake in the second quarter was NOK 5 674 million, an increase from NOK 5 360 million in the same quarter last year.

29 June 2015 – The construction of the biggest industry project of our time, the Johan Sverdrup field, starts now. First to come is the substructure Kvaerner is delivering for the riser platform, which is one of four platforms at the new field centre. Today – just as planned machine operator Stian Myrvold Green in Kvaerner lights the cutting flame, and the first steel for the riser platform jacket is cut.

24 February 2015 – Statoil announced today that the contract for delivery of the Johan Sverdrup drilling topside has been awarded to Aibel. This was a job that Kvaerner had strong ambitions to win. The company will now utilise learnings from this tender loss to implement further cost reductions in parallel with positioning for other contract opportunities.

27 November 2014 - Bjørn Gundersen has decided to leave the position as Executive Vice President (EVP) for Concrete Solutions. Arnt Knudsen, who comes from the position as leader for Technology & Business Development in Concrete Solutions, will take over as new EVP for the business area.

26 September 2013 - Jan Øyri, Kvaerner’s Executive Vice President (EVP) for Business Support, has accepted the offer to take the position as Managing Director for Lemminkäinen Norge AS, a Finnish infrastructure and construction company. In his new position Øyri will be responsible for Lemminkäinen`s operations in Norway.

23 April 2013 – Kvaerner has signed an agreement with Fornebuporten AS for a long term lease for Fornebuporten – a new headquarters office building which will be built at Fornebu near Oslo. The Fornebu peninsula is a key location for the Norwegian oil and gas industry and the new headquarters gives Kvaerner proximity to partners and customers. The building’s functionalities will be tailored to meet Kvaerner’s specifications. The transaction is a related party transaction.

18 April 2013 Kvaerner has been selected to lead a Norwegian petroleum industry initiative with the objective to review competitiveness, competence and technology development for Norwegian offshore yards (Konkraft working group). Representing Kvaerner, Liv Monica Stubholt will lead the working group over the next six months.

Executive vice president Lars Eide has headed up the Stord yard and the business area North Sea (renamed to Contractors Norway) for three and a half years. Going forward, Eide will have a vital role in Kvaerner’s objective to regain a strong position in the home market and be charged with the task of developing winning strategies for selected future target projects. Steinar Røgenes has been appointed Executive Vice President of the business area Contractors Norway (re-named from North Sea) and head of the Stord yard.

12 March 2013 - ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS). The contract value for Kvaerner's share of the full EPC contract is approximately USD 1.5 billion and includes work conducted to date on the Hebron project.

12 FEB 2013 Kvaerner North American Construction Inc. (“Kvaerner NAC”), a subsidiary of Kvaerner, has received a contract to perform construction services for the reline of the No. 8 Blast Furnace at United States Steel Corporation Gary Works in Gary, In.

08 FEB 13 Kvaerner has submitted bids both for topsides and jackets on the Norwegian Continental Shelf the last six months. The recent contracts awarded to competitors this week concludes this round of tender awards on the Norwegian Continental Shelf for Kvaerner.

The Board of Directors of Kværner ASA has decided to amend the company's dividend policy to increase the visibility and predictability of dividends going forward. The new policy will be implemented with immediate effect.

12 July 2012 - Kvaerner announces today the signing of an agreement to sell its on-going downstream focussed operations and related assets of the entity known as EPC Center Houston to IHI E&C International Corp, a US subsidiary of the Japanese company IHI Corporation (IHI). Kvaerner retains and will further develop all of its other businesses in North America, both the Houston based Kvaerner Field Development business focusing on offshore field development projects and Kvaerner North American Construction providing construction services and maintenance in the unionized areas of North America.

1 November 2011 - Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent.

Kværner ASA (KVAER) cordially invites you to attend Kvaerner`s Pre-IPO Investor Presentation, Friday 17 June 2011 from 11:00 to approximately 13:30 CEST. The event takes place at Konserthuset, Munkedamsveien 14, Oslo, Norway. Refreshments will be served from 10:30.

2 May 2011 - Jan Arve Haugan has been appointed President and Chief Executive Officer (CEO) of Kvaerner. This new engineering, procurement and construction (EPC) company is being established through a demerger of Aker Solutions. Kvaerner will be separate and listed on the Oslo stock exchange, most likely in July this year.

27 April 2011 - Aker Construction, Inc., a subsidiary of Aker Solutions, has been awarded a contract for the installation of the new V & M seamless pipe mill in Youngstown, Ohio, US. The contract for supply of materials and installation of the mechanical, electrical and piping for the project commences immediately. Contract value is undisclosed.

International oil service company Aker Solutions is establishing a specialised EPC company in order to further leverage the experience and expertise built up through field development projects over more than 40 years.